234-1992-VII - ARTICLE VII (38.2651...38.2670)
- Section 38.2651 - Participation in Tier 1 or Tier 2 by member, vested former member, or former nonvested member; election; writing; irrevocability; method; election subject to domestic relations order
- Section 38.2651a - Participation of judge of circuit court, probate court, or district court in Tier 1 or Tier 2; election; window of opportunity; method; disqualification for tax purposes.
- Section 38.2651b - Election pursuant to MCL 38.2651 or MCL 38.2651a.
- Section 38.2652 - Termination of membership; transfer, recomputation, and calculation by retirement system.
- Section 38.2652a - Termination of membership in Tier 1 pursuant to MCL 38.2651a; definitions; transfer to account in Tier 2; calculation; disqualification for tax purposes.
- Section 38.2653 - Calculation and submission of cost savings.
- Section 38.2654 - Meanings of words and phrases; “accumulated balance” defined.
- Section 38.2655 - “Employer,”“former qualified participant,” and “health benefit dependent” defined.
- Section 38.2656 - “Qualified participant,”“refund beneficiary,”“salary,” and “state treasurer” defined.
- Section 38.2657 - Administration of Tier 2 by state treasurer.
- Section 38.2658 - Hearing.
- Section 38.2659 - Direction of investment by qualified participant, former qualified participant, and refund beneficiary.
- Section 38.2660 - Administrative expenses.
- Section 38.2661 - Participation in other retirement benefits plan; prohibition.
- Section 38.2662 - Judge or state official; election not to participate or to discontinue participation in Tier 2.
- Section 38.2663 - Election to terminate membership in Tier 1; credit or charge to Tier 2 account.
- Section 38.2664 - Contributions by employer and participant.
- Section 38.2665 - Vesting requirements.
- Section 38.2666 - Participation in Tier 2; crediting years of service accrued under Tier 1.
- Section 38.2667 - Refund beneficiary.
- Section 38.2668 - Methods of distribution.
- Section 38.2669 - Health insurance coverage.
- Section 38.2670 - Distributions; exemption from tax; right of setoff to recover overpayments; satisfaction of claims arising from embezzlement or fraud; correction of errors.